In the latest trading session, Arch Capital Group (ACGL) closed at $94.84, marking a +1.21% move from the previous day.
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U.S. stocks finished mixed Wednesday as investors cashing out bets on high-flying technology and artificial intelligence companies continued to rotate into beaten-down sectors of the market.
(Updates with index/price moves and political/company news from the first paragraph.) US equity i
Micron surged overnight on strong earnings and guidance, lifting other memory and chip plays. The Fed's favorite inflation gauge is on tap.
(Updates with market moves at the end of the day.) The Nasdaq Composite and S&P 500 fell Wednesda
Honeywell's aerospace spinoff will be added to the S&P 500 index next week, while IES Holdings, a data center electric power provider, is going into the Midcap S&P 400. Both stocks rallied. Honeywell Aerospace will be officially in the S&P 500 at the start of trading on Monday, S&P Dow Jones Indices announced late Tuesday.
The stock market is hitting record highs amid an oil shock, rising inflation, and tanking consumer sentiment. But everyone, even billionaires, is going all-in on AI.
(Updates with index/price moves and political news from the first paragraph.) US equity indexes t
Major digital assets were weaker Wednesday, with Bitcoin (BTC-USD) falling below the $60,000 level.
Energy stocks were lower late Wednesday afternoon, with the NYSE Energy Sector Index dropping 2.4% a
Verizon Communications is losing its spot in the Dow Jones Industrial Average. Following the change, the storied index will no longer include any traditional telecom names since AT&T lost its post to Apple in 2015. It was down 2.6% to $45.53 in trading Wednesday, faring worse than AT&T and the S&P 500.
(Updates with latest market prices and developments.) US benchmark equity indexes were mixed intr
Energy stocks were lower Wednesday afternoon, with the NYSE Energy Sector Index dropping 2.5% and th
Energy stocks were lower Wednesday afternoon, with the NYSE Energy Sector Index dropping 2.2% and th
(Updates with index/price moves, macroeconomic data, and political/company news from the first parag
(Updates with index/price moves and political/company news from the first paragraph.) US equity i
The S&P 500 index gained about 0.8%, while the Nasdaq Composite rose nearly 0.7%.
Nike could be the next company dropped from the given its low stock price—and that might allow Berkshire Hathaway to finally make it into the venerable index. S&P Dow Jones Indices, which oversees both the Dow industrials and S&P 500 index, said that Verizon is leaving in part because its low stock price–around $46—gave the company an “immaterial impact” on the price-weighted index. Verizon’s weighting was around 0.5%, while Goldman Sachs whose stock trades for nearly $1,100 a share, has the highest weighting in the index at around 13%.
Alphabet Inc (NASDAQ:GOOG) will join the Dow Jones Industrial Average, replacing Verizon Communications Inc (NYSE:VZ, XETRA:BAC), in a reshuffle that further increases the index’s exposure to large-cap technology companies. S&P Dow Jones Indices said the change will take effect prior to...
The Dow rose 573 points, or 1.1%. At the sector level, everything from consumer discretionary to industrials, communication services, materials, and consumer staples were in rally mode. Big Tech was in the mix after steep selling in recent days: The Roundhill Magnificent Seven ETF was up 1% and rising.
In June 2026, Verizon Communications completed cash tender and exchange offers covering about US$1.86 billion of subsidiary notes while also being removed from the Dow Jones Industrial Average, where Alphabet will take its place. Together with launching simplified Simplicity and Verizon One plans to address subscriber losses, these moves signal a focus on cleaner financing and more customer-centric wireless and broadband offerings. We’ll now examine how Verizon’s Dow exit and push into...